DappRadar announced the launch of its own RADAR token at an event held in the Somnium Space metaverse.
RADAR will be distributed to DappRadar users who have interacted with at least one dApp on Ethereum within the last 6 months. Such users will receive 8697 RADAR.
The RADAR token has four main functions: participation in voting to improve the project, supply of liquidity, staking and payment for premium DappRadar functions.
The total supply of RADAR tokens will be 10 billion, of which 10% will be allocated for Airdrop. According to CoinGecko, the price of RADAR is currently around $0.13.
DappRadar is used by more than 1 million people monthly. It offers proprietary portfolio management and over 9,000 dApps on 26 blockchains. In addition, DappRadar offers an NFT and ERC-20 browser.
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